Stock Market Study Comprehesive US stock analysis and high probability investing

May 7, 2013

S&P 500 (05/07/2013)

Filed under: Stock Market Signal — Tags: — admin @ 6:17 am

Important Technical Levels

The index is bullish as the 30 day moving average of 1,573.84 is above 120 day moving average of 1,497.48. The last cross over happened on Dec 28, 2012 with the direction of up.

The intermediate trend is bullish as current price is above 30 day moving average.

If the index is breaking down and goes below 1,562.50, we should consider it as a short term sale signal.If the index is breaking out and goes above 1,619.77, we should consider it as a short term buy signal.

Quote as of May 06, 2013
Open: 1,614.40
High: 1,619.77
Low: 1,614.21
Close: 1,617.50
Volume: 3,062,240,000
1 week Range: 1,581.28  -  1,619.77
1 month Range: 1,536.03  -  1,619.77
3 month Range: 1,485.01  -  1,619.77
6 month Range: 1,343.35  -  1,619.77
52 week Range: 1,266.74  -  1,619.77

 

Performance

Quarterly Return: 8.14%
YTD Return: 13.41%
52wk Return: 17.34%
3y Return: 37.86%
5y Return: 24.01%

Index description

The S&P 500 stands for Standard & Poor 500 and is a free-float capitalization-weighted index published since 1957 of the prices of 500 large-cap common stocks actively traded in the United States. The stocks included in the S&P 500 are those of large publicly held companies that trade on either of the two largest American stock market exchanges: the New York Stock Exchange and the NASDAQ.

After the Dow Jones Industrial Average, the S&P 500 is one of the most commonly followed equity indices, is considered a bellwether for the American economy. Hundreds of billions of US dollars have been invested in this fashion. The index is the best known of the many indices owned and maintained by Standard & Poor’s, a division of McGraw-Hill. The stocks included in the S&P 500 index are also part of the broader S&P 1500 and S&P Global 1200 stock market indices.

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